aura, a Solana-based memecoin, surged from $1 million to $50 million in market cap within 4 hours today, but a crypto scam …
Allegations
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Web3
$TRUMP Coin Dinner: High Stakes, Hefty Price Tags, and Heated Allegations
by shayaanby shayaanA recent contest offering a seat at a dinner table with former President Trump has stirred the pot, mixing cryptocurrency enthusiasm with …
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Regulation
German Police Seize $38,260,000 in Crypto From eXch Amid Allegations the Exchange Laundered Hacked ByBit Funds
by shayaanby shayaanGerman law enforcement has seized tens of millions of dollars in digital assets from eXch, a controversial crypto exchange facing allegations that …
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Regulation
Telegram and Toncoin (TON) Founder Pavel Durov Responds to Allegations of Collaboration with the European Union After Being Detained
by shayaanby shayaanTelegram and Toncoin (TON) founder Pavel Durov has disputed French media claims that his brief detention in France last year was meant …
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Regulation
Binance Founder CZ Hits Back at ‘Smear’ Allegations He Gave Evidence Against Justin Sun in Plea Deal
by shayaanby shayaanFormer Binance CEO Changpeng Zhao, who goes by CZ, and Tron founder Justin Sun strongly denied a Wall Street Journal report claiming …
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This is a segment from The Drop newsletter. To read full editions, subscribe. Abstract, the Ethereum L2 blockchain that claims it’s “leading …
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Regulation
Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations
by shayaanby shayaanHONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, …
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Regulation
Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations
by shayaanby shayaanHong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer …
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Markets
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
by shayaanby shayaanFDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its …
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Regulation
Crypto Investment Firm Galaxy Digital Settles With New York AG for $200,000,000 Over Luna Allegations
by shayaanby shayaanThe crypto investment giant Galaxy Digital has settled with the New York State Attorney General for $200 million after facing allegations that …